HPH Investment Banking - Text and Cases by Naliniprava Tripathy

Rapid progress of information technology and greater collaboration among financial regulators has led to closer links in the international capital markets. As global capital markets have become more integrated, global firms have moved to establish a local presence in major financial markets around the world. To enhance this presence, larger sums of money are moving across borders, and more countries have access to international finance. The business of investment banking is extremely competitive and is trending towards one-stop shopping and globalization. Investment banks no longer engage in investment banking operations only; they have ventured into other areas of financial services to meet clients` demands for one-stop shopping. Today, Investment banking includes a wide variety of activities, including underwriting, selling, trading securities, private placement, providing financial advisory services, managing hedge funds, mergers and acquisitions, venture capital, private equities, market making, structured finance, syndication functions. Investment bank facilitate to various group of stakeholders, companies, governments, non-profit institutions and individuals to raise funds in the capital market. The key objective of this book is to provide students and business professionals an insight into the principles, operational policies and practices of the investment banks, to put the investment banking business in India in a perspective way to occupy a significant and distinctive competitive position in the minds of the investors and enhance investor`s confidence in the coming years.